Carrot prices continue to rise in Ukraine

Published 2024년 12월 19일

Tridge summary

Ukraine has experienced a significant increase in carrot prices over the past two weeks, with costs rising by an average of 11% and reaching between 20-28 UAH/kg ($0.48-0.67/kg). This price hike is attributed to heightened trading activity and a limited supply due to most farms holding back high-quality carrots in anticipation of further price increases. As a result, the cost of top-tier carrots is now 83% higher than last year on average.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As analysts of the EastFruit project report, the pace of trade in this segment has also continued to grow over the past two weeks. According to the project's daily monitoring, since the end of last week alone, carrots in Ukraine have risen in price by an average of 11%, and today producers are ready to ship them at a price of 20-28 UAH/kg ($0.48-0.67/kg) depending on the quality, region and other terms of the deal. According to market players, the rise in prices is facilitated by a noticeable increase in trading activity in the segment of these root vegetables. At the same time, most farms have suspended the sale of high-quality carrots in anticipation of an even greater increase in prices and have put the main volume of the crop into storage. They offer only surpluses for sale, as a result of which ...

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